Unity Matrix Commons

For When Life Happens...

No matter what life throws at you, they all have a common problem. They are usually never planned and can cause financial misfortune. More so, this hardship could not only affect you, but effect your entire family. Other companies are looking to make money from your hardships, however Unity Matrix Commons is different.

Unity Matrix Commons is here with a blockchain-based solution. We offer a community funds that can cover those unexpected costs. What’s better? If for some reason you don’t use our utility, at the end of your annual term period your initial token investment is returned to your account. Our client will be controlled by the community. Its users will vote on all cases – no middlemen, no agents and no centralization. The community ultimately will have control of the system.

We at UMC have assembled a team of special individuals from all walks of life with a combined two decades of face-to-face experience with clients in various roles ranging from sales, customer service, and commercial software products. Our team understand the day to day struggles people face when the unexpected happens. The goal of the UMC project is to provide individuals with a financial relief utility. With the power of blockchain technology integrated into an organized community of common people like you and many others, we can all help lighten the financial burdens many people face across the planet in their day to day lives.

Contribute

1. Principles

1. By transferring Ether (ETH) or other accepted ERC20 tokens to the
Smart Contract System and the Smart Contract System creating Umbrella
Coin Tokens (“UMC”), the User understands and accepts that the User
contributes into a Smart Contract System for the development of the
Umbrella Coin Project, as described in the Umbrella Coin Project
Crowdfunding Whitepaper (“Umbrella Coin Project” / “the Whitepaper”).
For the Whitepaper and/or further information on the Umbrella Coin
Project, visit: www.umbrellacoin.org. The
information contained in the Whitepaper and on the website, are of
descriptive nature only, are not binding and do – unless explicitly
referred to herein – not form part of the Terms as set forth under
para. 4 below.

2. The User understands and accepts that while the individuals and emit
ties, including Umbrella Coin LLC (under formation, hereinafter
“Umbrella Coin”), assigned to this task will make reasonable efforts to
develop and complete the Umbrella Coin Project,
it is possible that such development may fail and User’s UMC become
useless and/or valueless due to technical, commercial, regulatory
or any other reasons
(see also Chapter 5 regarding Risks).

3. The User is also aware of the risk that even if all or parts of the
Umbrella Coin Project are successfully developed and released in full
or in parts, due to a lack of public interest, the Umbrella Coin
Project could be fully or partially abandoned, remain commercially
unsuccessful or shut down for lack of interest, regulatory or other
reasons.
The User therefore understands and accepts that the transfer of ETH
or other ERC20 tokens to the Smart Contract System and the creation
of UMC by the Smart Contract System carry significant financial,
regulatory and/or reputational risks (including the complete loss
of value of created UMC if any, and attributed features of the
Umbrella Coin Project)
.

4. The User furthermore understands and accepts that - as the creation of
the UMC as well as the assignment of the execution of the Umbrella Coin
Project are smart contract based - the terms and conditions applicable
thereon are set forth in the Smart Contract System Code, consisting of
multiple interconnected software codes, existing on the Ethereum
blockchain at as set forth on the website
www.umbrellacoin.org:
To the extent the terms contained herein or in any other document or
communication contradict to the ones set forth in the Smart
Contract System, the terms of the Smart Contract System prevail.
Furthermore, neither this document nor any other document or
communication may modify or add any additional obligations to
Umbrella Coin or publisher of these terms or developer of the Smart
Contract System and/or any other person, entity and/or affiliates
involved with the deployment of the Smart Contract System and the
setting up of the Umbrella Coin Project beyond those set forth in
the Smart Contract System.

5. By transferring ETH or other ERC20 tokens to the Smart Contract
System, the User expressly agrees to all the terms and conditions set forth in Smart
Contract System Code existing on the Ethereum blockchain (at the
addresses set forth under paragraph 4, including 0x1A3C91B9Dfa069f5da7f24001777B161f5e0Fe60) and in this document
(together the “Terms”). The User further confirms to have carefully reviewed the Smart
Contract System Code, its functions and the terms and conditions
set forth in this document and to fully understand the risks and
costs of creating UMC and contributing into a Smart Contract System
for the development of the Umbrella Coin Project.

6. This document does not constitute a prospectus of any sort, is not a
solicitation for investment and does not pertain in any way to an
initial public offering or a share/equity offering and does not pertain
in any way to an offering of securities in any jurisdiction. It is a
description of the functionality of a Smart Contract System.

7. By transferring ETH or other ERC20 tokens to the Smart Contract
System and/or receiving UMC, no form of partnership, joint venture or
any similar relationship between the Users and Umbrella Coin and/or
other individuals or entities involved with the deployment of the Smart
Contract System and the setting up of the Umbrella Coin Project is
created.

8. The contribution into the Smart Contract System will not involve any
Fiat currencies and will strictly be done in Ethereum cryptocurrency
(ETH).

2. UMC Creation Function

2.1 Contribution

10. Token Pools: During the Creation
Period, an open amount of UMC is planned to be created by the Smart
Contract System, all equal value and functionality, however, divided by
the Smart Contract System into four different pools.

Pool A: consisting of 70% of the total amount of UMC,
intended to be created by the Smart Contract System during the
Creation Period for public backers and early contributors, together
defined as users participating in UMC Token Sale.

Pool B: of 20% of the total amount of UMC,
intended to be created by the Smart Contract System at the end of
Creation Period: If Creation Period has ended, the Smart Contract
System allocates the Pool B to another smart-contract which allows
Umbrella Coin to call a sell function triggering the distribution
of all or parts of the UMC held by this smart-contract (“float”);
Pool B UMC will be locked and not transferable for 3 months,
starting at the end of the Creation Period.

Pool C: of 10% of the total amount of UMC,
intended to be created by the Smart Contract System at the end of
Creation Period: If Creation Period has ended, the Smart Contract
System allocates the Pool C UMC to Umbrella Coin for Talent Token
Pool, to be allocated to the current members and future hires of
the Umbrella Coin Project.

11. Target Contribution Quantity: The Target Contribution
Quantity is 100,000 contributed in ETH. Only contributions made in ETH
will be allowed. If during the 60-day Creation Period, the Target
Contribution Amount has been reached, the Creation Period will last a
final 7 Days as have detailed in para 14. Each UMC will have the same
functions implemented.

Only contribution made in ETH will be allowed. If during the 7 Day
Extension, the e Maximal Contribution Amount has been reached, the
Creation Period will automatically end. Each UMC will have the same
functions implemented.

13. Creation Period: The Creation
Period starts with the deployment of the Smart Contract System and the
initiation of its start function (“Start of the Creation Period”) and
lasts for a maximal duration of 60 days (Maximal Duration of Creation
Period, unless extended by the 7 Day Extension period according to para. 15 or reduced if the Maximum
Contribution Quantity has been reached according to paragraph 12).

14. 7 Days Extension period: If ETH contributions in
the quantity of 100,000ETH have been made, the Creation Period shall
last an additional 7 days (even if thereby extending or reducing the
duration of the Creation Period) and then automatically terminate. If
within these 7 days, ETH contributions total 222,222ETH, the 7-day
period will end and the Creation Period will finish.

15. Creation and Allocation of UMC:
The creation and allocation of UMC of Pool A by the Smart Contract
System are initiated by the User sending an amount of Contribution
Tokens to the Smart Contract System, located on the Ethereum blockchain
at the addresses set forth under para 4, which triggers a smart
contract operation. The Smart Contract System creates and allocates the
corresponding UMC to the User’s wallet address, in an amount calculated
according to para 23 hereinafter, from where the Contribution Tokens
were sent from.
User therefore shall assure to make his contribution using an
address to which the Smart Contract System can send back ETH and/or
UMC to (e.g. not an address of a currency exchange or other
provider such as Coin base)
. Issuance of UMC (meaning that respective entries of the Public Key
(PUK) of User) are made by the Smart Contract System on the blockchain
according to the allocation information in the Smart Contract System.

16. No Guarantee of Returns:The User understands and accepts that all
contributions / purchases of UMC are to be used for funding the UMC
project and the tokens they receive are not distributed for the purpose
to grow in value. The coins are to be used on the UMC network. Any
third party placing monetary value on UMC tokens is not under the
control of the Umbrella Coin Project.

17. No Refund:The
User understands and accepts that all contributions / purchases of UMC
are final and may not be reversed. Contributions of Contribution Tokens
and purchases of UMC are non-refundable. By purchasing UMC, the user
acknowledges that he has no right to request a refund for any reason,
and that the User will not receive money or other compensation for any
UMC that is not used or remains unused.

18. Assure to use the original Smart Contracts: Only
the Smart Contract(s) existing at the addresses set forth under para 4
will issue UMC during the Creation Periods. Access to this Smart
Contract will be available through the Umbrella Coin website at www.umbrellacoin.org.To the extent
that any third-party website, service or smart-contracts offers UMC
during the Creation Periods or facilitates the sale or transfer of UMC
in any way during the Creation Periods or at any time up to the release
of the Genesis Block, such third-party websites or services are, unless
explicitly mentioned on the Umbrella Coin website at www.umbrellacoin.org, not authorized
by Umbrella Coin and have no relationship in any way with Umbrella
Coin.

19. Transferability of UMC during the Creation Period: All UMC will be
locked, and are therefore not transferable, until Creation Period has
ended as set forth in the Smart Contract System. After the end of the
Token Sale, all UMC in Pool A will become tradable. For avoidance of
doubt, all UMC in Pools B and C will not be tradable for a period of 3
months since the Token Creation Date.

2.2 Pricing

20. Creation Rate: The Creation Rate
during Creation Period for each UMC of Pool A shall be available at a
rate of 600 UMC to 1 ETH. The Umbrella Coin project reserves the right
to change the rate during extension sale and pre-sale periods.

2.3 UMC Functionality

21. UMC are only for use about the Umbrella Coin Project under the terms
of the Smart Contract System and under the terms of the Umbrella Coin
Project (to be released), and only constitute a transferable
representation of attributed functions of the Smart Contract System.

22. Through the allocation of UMC to a User, the User receives the right
to claim, by triggering the “Cash and Burn” function of the Smart
Contract System and thereby burning the respective UMC, a pro-rata
share of net license revenue (License Revenues) generated by the
intellectual property rights developed as part of the Umbrella Coin
Project (IPR) as specified in the (Reward) Smart Contract System Code,
if - and only if - the Umbrella Coin Project successfully generates
such License Revenues. The User understands and hereby agrees that the
sole and exclusive usage rights of these IPR are assigned to Umbrella
Coin. Beyond this, ownership of UMC carries no rights express or
implied. User understands and accepts that he has no right to claim as
holder of UMC any equity or equivalent rights or any other form of
participation in or relating to the Umbrella Coin Project and/or
Umbrella Coin.

2.4 Representation and Warranties of User

23. By transferring Contribution Tokens to the Smart Contract and
creating UMC, the User represents and warrants that:

the user is not a citizen or resident of a country, whose legislation
conflicts with the present sale of UMC and/or the Umbrella Coin Project
in general.

the User confirms not be a US-citizen and/or US-resident.

The User confirms not be a Hong Kong S.A.R.-citizen and/or Hong Kong
S.A.R.-resident

The User confirms not be a Singapore-citizen and/or
Singapore-resident.

The User confirms not be an India-citizen and/or India-resident.

The User has a deep understanding of the functionality, usage,
storage, transmission mechanisms and intricacies associated with
cryptographic tokens, like bitcoin (BTC) and Ether (ETH), and
blockchain-based software systems;

The User understands and accepts that there is no warranty or
assurance e that the network of miners will allocate the UMC to the
Users as proposed by these Terms.

The User has carefully reviewed the code of the Smart Contract System
located on the Ethereum blockchain at the addresses set forth under
para 4 and fully understands and accepts the functions implemented
therein;

The User is legally permitted to transfer Contribution Tokens to the
Smart Contract System, create and obtain UMC in the User’s jurisdiction;

User will contribute Contribution Tokens from a Wallet or Wallet
service provider that technically supports the UMC. User understands
and accepts, that failure to assure this may have the result that User
will not gain access to his UMC;

The User is legally permitted to receive software and contributing to
the Smart Contract System for the development of the Umbrella Coin Project;

The User is of a sufficient age to legally create and obtain UMC;

The User will take sole responsibility for any restrictions and risks
associated with the creation of UMC by the Smart Contract System as set
forth below;

The User is not submitting Contribution Tokens to the Smart Contract
System to obtain UMC for speculative investment;

The User is not obtaining or using UMC for any illegal purposes;

The User is purchasing the functionality of the UMC issued by the
Smart Contract System primarily to support the development, testing,
deployment and operation of the Umbrella Coin Project, being aware of
the commercial risks associated with the Umbrella Coin Project;

The User waives the right to participate in a class action lawsuit or
a class wide arbitration against any entity or individual involved with
the creation of UMC;

The User understands the creation of UMC does not involve the
purchase of shares or any equivalent in any existing or future public
or private company, corporation or other entity in any jurisdiction;

The User understands that the transfer of Contribution Tokens to the
Smart Contract System, the creation of UMC and the development of the
Umbrella Coin Project carries significant financial, regulatory and
reputational risks as further set forth in the Terms;

The User understands and expressly accepts that there is no warranty
whatsoever on UMC, the Smart Contract System and/or the success of the
Umbrella Coin Project, expressed or implied, to the extent permitted by
law, and that the Smart Contract System is used and UMC are created and
obtained at the sole risk of the User on an “as is” and “under
development” basis and without, to the extent permitted by law, any
warranties of any kind, including, but not limited to, warranties of
title or implied warranties, merchantability or fitness for a
particular purpose;

The User understands that the User has, other than as implemented in
the Smart Contract System in case the Activation Threshold has not been
reached (see para 16), no right against any other party to request any
refund of the Contribution Tokens submitted to the Smart Contract
System for the creation of the M CO under any circumstance; and that

The User understands about UMC no market liquidity may be guaranteed
and that the value of UMC over time may experience extreme volatility
or depreciate in full;

The User understands that the User bears the sole responsibility to
determine if the User’s contribution to the Smart Contract System for
the development of the Umbrella Coin Project, the transfer of
Contribution Tokens to the Smart Contract System, the creation,
ownership or use of UMC, the potential appreciation or depreciation in
the value of UMC over time, the sale and purchase of UMC and/or any
other action or transaction related to the Umbrella Coin Project have
tax implications for him; by creating, holding or using UMC, and to the
extent permitted by law, the User agrees not to hold any third party
(including developers, auditors (e.g. contractors or founders) liable
for any tax liability associated with or arising from the creation,
ownership or use of UMC or any other action or transaction related to
the Umbrella Coin Project.

As part of the creation process the User will use own account
(address) on the Ethereum network, with a private key associated to
this address and password. The password is used to encrypt the User’s
private key. Following the creation of UMC by the Smart Contract
System, the UMC will be transferred to the User's address by the Smart
Contract System. The User understands that the User must keep his
password and private key safe and that the User may not share them with
anybody. The User further understands that if his private key and/or
password is lost or stolen, the User will not be able to generate a new
password or recover his private key, and if the User also loses his
private keys and password, the UMC associated with the User’s account
(address) will be unrecoverable and will be permanently lost.
Furthermore, the User understands that there is no recovery mechanism
for lost keys and passwords, so no one will be able to help the User
retrieve or reconstruct a lost password and private keys and provide
the User with access to any lost UMC

3. Umbrella Coin Project Execution

24. The User understands and accepts that the development and execution
of the Umbrella Coin Project will be released by the Smart Contract
System to the wallet of the development team. Umbrella Coin shall use
the funds only for the development and execution of the Umbrella Coin
Project and has the right to engage subcontractors to perform the
entire or partial development and execution of the Umbrella Coin
Project.

25. The User understands and accepts that for the development and
execution of the Umbrella Coin Project, Umbrella Coin receives a flat
fee consisting of 10% of total UMC (100% of Pool C) and the full amount
of Contribution Tokens transferred to the Smart Contract System during
the Creation Period. This flat fee covers expenses, charges and other
costs that may arise by Umbrella Coin and/or its subcontractors as part
of the development and execution of the Umbrella Coin Project. It
remains at Umbrella Coin’s sole discretion to decide how to allocate
the funds to develop and execute the Umbrella Coin Project.

26. The User understands and accepts that the User may not have any
expectation of influence over governance on the Umbrella Coin Project.

The User understands and accepts that the Umbrella Coin Project will
need to go through substantial development works as part of which they
may become subject of significant conceptual, technical and commercial
changes before release. User understands and accepts that as part of
the development, an upgrade of the UMC may be required (hard-fork of UMC) and that, if User decides not to
participate in such upgrade, he may no longer use his UMC and that
non-upgraded UMC may lose their functionality in full.

4. Audit of the Smart Contract System

27. The Smart Contract System has been, on a reasonable effort basis,
audited and approved by technical experts. The technical experts have
confirmed that the Smart Contract System has, about both accuracy and
security, been programmed according to the current state of the art.

28. However, the User understands and accepts that smart contract
technology is still in an early development stage and its application
of experimental nature which carries significant operational,
technological, financial, regulatory and reputational risks.
Accordingly, while the audit conducted raises the level of security and
accuracy, the User understands and accepts that the audit does not
amount to any form of warranty, including direct or indirect warranties
that the Smart Contract System and the UMC are fit for a purpose or do
not contain any weaknesses, vulnerabilities or bugs which could cause,
inter alia, the complete loss of Contribution Tokens and/or UMC.

5. Risks

29. The User understands and accepts the risks about transferring
Contribution Tokens to the Smart Contract System and creating UMC as
exemplary set forth above and hereinafter. But not concluding, the User
understands the inherent risks listed hereinafter:

Risk of software weaknesses: The User understands and
accepts that the Smart Contract System concept, the underlying software
application and software platform (i.e. the Ethereum blockchain) is
still in an early development stage and unproven, why there is no
warranty that the process for creating UMC will be uninterrupted or
error - free and why there is an inherent risk that the software could
contain weaknesses, vulnerabilities or bugs causing, inter alia, the
complete loss of Contribution Tokens and/or UMC.

Regulatory risk: The User
understands and accepts that the blockchain technology allows new forms
of interaction and that it is possible that certain jurisdictions will
apply existing regulations on, or introduce new regulations addressing,
blockchain technology based applications, which may be contrary to the
current setup of the Smart Contract System and which may, inter alia,
result in substantial modifications of the Smart Contract System and/or
the Umbrella Coin Project, including its termination and the loss of
UMC for the User.

Risk of abandonment / lack of success: The User
understands and accepts that the creation of the UMC and the
development of the Umbrella Coin Project may be abandoned for many
reasons, including lack of interest from the public, lack of funding,
lack of commercial success or prospects (e.g. caused by competing
projects). The User therefore understands that there is no assurance
that, even if the Umbrella Coin Project is partially or fully developed
and launched, the User will receive any benefits through the UMC held
by him.

Risk associated with other applications:
The User understands and accepts that the Umbrella Coin Project and/or
Umbrella Coin Projects may give rise to other, alternative projects,
promoted by unaffiliated third parties, under which UMC will have no
intrinsic value.

Risk of loss of funds: Umbrella Coin is not deemed to be
insurance, does not claim to be and does not guarantee returns or
payouts from the float fund.

Risk of loss of private key: UMC can only be accessed by
using an Ethereum wallet with a combination of User’s account
information (address), private key and password. The private key is
encrypted with a password. The User understands and accepts that if his
private key file or password respectively got lost or stolen, the
obtained UMC associated with the User's account (address) or password
will be unrecoverable and will be permanently lost.

Risk of theft: The
User understands and accepts that the Smart Contract System concept,
the underlying software application and software platform
(i.e. the Ethereum blockchain) may be exposed to attacks by hackers or
other individuals that could result in theft or loss of UMC or
Contribution Tokens, impacting the ability to develop the Umbrella Coin
Project.

Risk of Ethereum mining attacks: The User understands
and accepts that, as with other cryptocurrencies, the blockchain used
for the Smart Contract System is susceptible to mining attacks,
including but not limited to double -spend attacks, majority mining
power attacks, “selfish-mining” attacks, and race condition attacks.
Any successful attacks present a risk to the Smart Contract System,
expected proper execution and sequencing of UMC transactions, and
expected proper execution and sequencing of contract computations.

Risk of incompatible Wallet service: The User
understands and accepts, that the Wallet or Wallet service provider
used for the contribution, must be technically compatible with the UMC.
The failure to assure this may have the result that User will not gain
access to his UMC.

6. Taxation

30. The User bears the sole responsibility to determine if his
contribution into the Smart Contract System for the development of the
Umbrella Coin Project, the creation, ownership or use of UMC, the
potential appreciation or depreciation in the value of UMC over time,
the sale and purchase of UMC and/or any other action or transaction
related to the Umbrella Coin Project have tax implications for him.

31. By creating, holding or using UMC, and to the extent permitted by
law, the User agrees not to hold any third party (including developers,
auditors, contractors or founders) liable for any tax liability
associated with or arising from the creation, ownership or use of UMC
or any other action or transaction related to the Umbrella Coin
Project.

7. No Liability

32. The User acknowledges and agrees that, to the fullest extent
permitted by any applicable law, the User will not hold any developers,
auditors contractors or founders of the UMC, the Smart Contract System
and/or Umbrella Coin liable for any and all damages or injury
whatsoever caused by or related to the use of, or the inability to use,
UMC or the Smart Contract System under any cause or action whatsoever
of any kind in any jurisdiction, including, without limitation, actions
for breach of warranty, breach of contract or tort (including
negligence) and that developers, auditors contractors or founders of
the Smart Contract System, the UMC and/or the Umbrella Coin Project
shall not be liable for any indirect, incidental, special, exemplary or
consequential damages, including for loss of profits, goodwill or data,
in any way whatsoever arising out of the use of, or the inability to
use of the Smart Contract System, the Umbrella Coin Project and/or UMC.

33. The User further specifically acknowledges that developers,
auditors, contractors or foundersof the UMC, Smart Contract System
and/or the Umbrella Coin Project are not liable, and the User agrees
not to seek to hold them liable, for the conduct of third parties,
including other creators of UMC, and that the risk of creating, holding and using
UMC rests entirely with the User.

34. By creating, holding or using UMC, and to the extent permitted by law,
the User agrees not to hold any third party (including developers,
auditors, contractors or founders) liable for any regulatory implications
or liability associated with or arising from the creation, ownership or use
of UMC or any other action or transaction related to the Umbrella Coin
Project.

8. Miscellaneous

35. The User understands and accepts that the network of miners will be
ultimately in control of the Smart Contract System. The User understands
that most of these miners could agree at any point to make changes to the
official Smart Contract System and to run the new version of the Smart
Contract System. Such a scenario could lead to UMC losing intrinsic value.

36. The Smart Contract System is in Redmond. Consequently, the UMC creation
and allocation and the assignment of the development and execution of the
Umbrella Coin Project to Umbrella Coin (to be founded) are executed in
Redmond.

37. The User agrees that if any portion of these Terms is found illegal or
unenforceable, in whole or in part, such provision shall, as to such
jurisdiction, be ineffective solely to the extent of such determination of
invalidity or unenforceability without affecting the validity or
enforceability thereof in any other manner or jurisdiction and without
affecting the remaining provisions of the Terms, which shall continue to be
in full force and effect.

38. The Terms govern the creation, ownership and use of UMC and supersede
any public statements about the launch of UMC and/or the Smart Contract
System made by anyone in the past, present and future.

*

I accept these terms and conditions

*

I affirm that I am following my country's jurisdiction regarding contributions to crowdfunds